29/10/2024 17:50
EQS-Adhoc: MAX Automation SE revises forecast for financial year 2024
INFORMATION REGLEMENTEE

EQS-Ad-hoc: MAX Automation SE / Key word(s): Forecast/Change in Forecast
MAX Automation SE revises forecast for financial year 2024

29-Oct-2024 / 17:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.



DISCLOSURE OF AN INSIDE INFORMATION PURSUANT TO ARTICLE 17 OF THE REGULATION (EU) NO. 596/2014

MAX Automation SE revises forecast for financial year 2024


Hamburg, 29 October 2024 – The Supervisory Board of MAX Automation SE (ISIN DE000A2DA588), a company listed in the Prime Standard of the Frankfurt Stock Exchange, today revised its forecast for the current 2024 financial year downwards. On the basis of the updated planning for the fourth quarter of 2024, the Supervisory Board now expects revenues between EUR 350 million and EUR 380 million (previously: between EUR 390 million and EUR 450 million) and earnings before interest, taxes, depreciation and amortization (EBITDA) of between EUR 27 million and EUR 31 million (previously: between EUR 31 million and EUR 38 million). The main reason for the adjustment of the revenue forecast is the decline in order intake as a result of the weak global economy. With the exception of ELWEMA, all segments are affected hereby. The EBITDA forecast is additionally burdened by increased project costs in the bdtronic Group segment.

Detailed financial information


The full interim report for the third quarter of 2024 of MAX Automation SE will be available for download from 8 November 2024 at https://www.maxautomation.com/en/investor-relations/financial-reports/.

CONTACT:


Marcel Neustock
Head of Investor Relations
Phone: +49 – 40 – 8080 582 75
investor.relations@maxautomation.com
www.maxautomation.com

CONTACT FOR MEDIA REPRESENTATIVES:


Susan Hoffmeister
CROSS ALLIANCE communication GmbH
Phone: +49 – 89 – 125 09 03 33
sh@crossalliance.de
www.crossalliance.de




End of Inside Information

29-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com



Language: English
Company: MAX Automation SE
Steinhöft 11
20459 Hamburg
Germany
Phone: +4940808058270
Fax: +4940808058299
E-mail: investor.relations@maxautomation.com
Internet: www.maxautomation.com
ISIN: DE000A2DA588
WKN: A2DA58
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2018415

 
End of Announcement EQS News Service

2018415  29-Oct-2024 CET/CEST


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EQS-Ad-hoc: MAX Automation SE / Key word(s): Forecast/Change in Forecast


MAX Automation SE revises forecast for financial year 2024


29-Oct-2024 / 17:50 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.



DISCLOSURE OF AN INSIDE INFORMATION PURSUANT TO ARTICLE 17 OF THE REGULATION (EU) NO. 596/2014


MAX Automation SE revises forecast for financial year 2024



Hamburg, 29 October 2024 – The Supervisory Board of MAX Automation SE (ISIN DE000A2DA588), a company listed in the Prime Standard of the Frankfurt Stock Exchange, today revised its forecast for the current 2024 financial year downwards. On the basis of the updated planning for the fourth quarter of 2024, the Supervisory Board now expects revenues between EUR 350 million and EUR 380 million (previously: between EUR 390 million and EUR 450 million) and earnings before interest, taxes, depreciation and amortization (EBITDA) of between EUR 27 million and EUR 31 million (previously: between EUR 31 million and EUR 38 million). The main reason for the adjustment of the revenue forecast is the decline in order intake as a result of the weak global economy. With the exception of ELWEMA, all segments are affected hereby. The EBITDA forecast is additionally burdened by increased project costs in the bdtronic Group segment.

Detailed financial information



The full interim report for the third quarter of 2024 of MAX Automation SE will be available for download from 8 November 2024 at https://www.maxautomation.com/en/investor-relations/financial-reports/.

CONTACT:



Marcel Neustock

Head of Investor Relations

Phone: +49 – 40 – 8080 582 75
investor.relations@maxautomation.com
www.maxautomation.com

CONTACT FOR MEDIA REPRESENTATIVES:



Susan Hoffmeister

CROSS ALLIANCE communication GmbH

Phone: +49 – 89 – 125 09 03 33
sh@crossalliance.de
www.crossalliance.de





End of Inside Information


29-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com



























Language: English
Company: MAX Automation SE

Steinhöft 11

20459 Hamburg

Germany
Phone: +4940808058270
Fax: +4940808058299
E-mail: investor.relations@maxautomation.com
Internet: www.maxautomation.com
ISIN: DE000A2DA588
WKN: A2DA58
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2018415





 
End of Announcement EQS News Service




2018415  29-Oct-2024 CET/CEST







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